OXFORD RESIDENTIAL PROPERTIES I LTD PARTNERSHIP
SC 14D1/A, 1998-10-01
REAL ESTATE
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                             -----------------------
                                 Amendment No. 2
                                       To
                                 SCHEDULE 14D-1
               Tender Offer Statement Pursuant to Section 14(d)(1)
                     of the Securities Exchange Act of 1934
                             -----------------------
    

               OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP
                            (Name of Subject Company)

                     MACKENZIE PATTERSON SPECIAL FUND, L.P.;
                     MACKENZIE SPECIFIED INCOME FUND, L.P.;
                            MACKENZIE FUND VI, L.P.;
               PREVIOUSLY OWNED PARTNERSHIPS INCOME FUND II, L.P.;
                 MP INCOME FUND 12, LLC; MP INCOME FUND 14, LLC;
                CAL-KAN, INC.; MORAGA GOLD, LLC; AND STEVEN GOLD
                                    (Bidders)

                                 ASSIGNEE UNITS
                         (Title of Class of Securities)

   
                                      NONE
                      (CUSIP Number of Class of Securities)
                             -----------------------
                                              Copy to:
C.E. Patterson                                Paul J. Derenthal, Esq.
MacKenzie Patterson, Inc.                     Derenthal & Dannhauser
1640 School Street                            One Post Street, Suite 575
Moraga, California  94556                     San Francisco, California  94104
(925) 631-9100                                (415) 981-4844
    

                     (Name, Address and Telephone Number of
                    Person Authorized to Receive Notices and
                       Communications on Behalf of Bidder)






<PAGE>
   

The Schedule 14D-1 filed by the above Bidders as of July 28, 1998 and amended as
of August 31, 1998 is hereby further amended as set forth herein.

    
Item 1.      Security and Subject Company.

             (a) This Schedule relates to Assignee Units of limited  partnership
interest (the "Units") in Oxford Residential Properties I Limited Partnership, a
Maryland limited partnership (the "Issuer"), the subject company. The address of
the Issuer's principal  executive offices is 7200 Wisconsin Avenue,  11th Floor,
Bethesda, Maryland 20814.
   
             (b) This  Schedule  relates  to the  offer by  MacKenzie  Patterson
Special Fund, L.P.;  MacKenzie  Specified Income Fund, L.P.;  MacKenzie Fund VI,
L.P.;  Previously  Owned  Partnerships  Income Fund II, L.P.; MP Income Fund 12,
LLC; MP Income Fund 14, LLC;  Cal-Kan,  Inc.;  Moraga Gold, LLC; and Steven Gold
(collectively  the  "Purchasers")  to purchase up to 2,430 Units.  The offer was
initially  made at a purchase  price equal to $425 per Unit,  less the amount of
any  distributions  declared or made with respect to the Units  between July 28,
1998 and August 31, 1998 or such other date to which this Offer may be extended,
and was then extended to September 30, 1998. The expiration date of the offer is
hereby  further  extended to October 30, 1998.  Accordingly,  the purchase price
will equal $425 per Unit, less the amount of any distributions  declared or made
with respect to the Units  between July 28, 1998 (the "Offer  Date") and October
30,  1998 or such other date to which  this Offer may be further  extended  (the
"Expiration  Date").  The offer otherwise  remains upon the terms and subject to
the  conditions  set forth in the Offer to  Purchase  dated  July 28,  1998 (the
"Offer to Purchase") and the related Letter of Transmittal, copies of which were
filed as Exhibits (a)(1) and (a)(2),  respectively.  The Issuer had 24,325 Units
issued and outstanding  held by approximately  1,579  Unitholders as of December
31, 1997, according to its annual report on Form 10-K for the year then ended.
    
             (c) The  information  set forth under the captions  "Introduction -
Establishment  of the Offer  Price" and  "Effects  of the Offer" in the Offer to
Purchase is incorporated herein by reference.

Item 2.      Identity and Background.

             (a)-(d)  The  information  set  forth in  "Introduction,"  "Certain
Information Concerning the Purchasers" and in Schedule I and the Addendum of the
Offer to Purchase is incorporated herein by reference.

             (e)-(g)  The   information   set  forth  in  "Certain   Information
Concerning  the  Purchasers"  and  Schedule I and the  Addendum  in the Offer to
Purchase  is  incorporated  herein by  reference.  During  the last five  years,
neither the Purchasers nor, to the best of the knowledge of the Purchasers,  any
person named on Schedule I and the  Addendum to the Offer to  Purchaser  nor any
affiliate of the  Purchasers  (i) has been  convicted  in a criminal  proceeding
(excluding traffic violations or similar  misdemeanors) or (ii) was a party to a
civil proceeding of a judicial or administrative body of competent  jurisdiction
and as a result of such proceeding were or are subject to a judgment,  decree or
final order enjoining future  violations of, or prohibiting  activities  subject
to, Federal or state securities laws or finding any violation of such laws.

Item 3.    Past Contacts, Transactions or Negotiations with the Subject Company.

             (a)-(b) See the discussion under the caption  "Certain  Information
Concerning the Purchasers" in the Offer to Purchase for  information  concerning
purchases of Units by certain of the Purchasers and their affiliates. Other than
the foregoing,  since January 1, 1993,  there have been no transactions  between
any of the persons  identified  in Item 2 and the Issuer or, to the knowledge of
the  Purchaser,  any of the  Issuer's  affiliates  or general  partners,  or any
directors or executive officers of any such affiliates or general partners.

Item 4.      Source and Amount of Funds or Other Consideration.

             (a) The  information  set forth under the caption "Source of Funds"
of the Offer to Purchase is incorporated herein by reference.

             (b)-(c) Not applicable.

                                        2

<PAGE>



Item 5.      Purpose of the Tender Offer and Plans or Proposals of the Bidder.

             (a) - (g) The  information  set  forth  under the  caption  "Future
Plans" in the Offer to Purchase is incorporated herein by reference.  Other than
as set forth  therein,  the  Purchasers  have no plans or  proposals  that would
relate to or would result in any of the  transactions,  changes or other results
described in Item 5(a) through (g) of Schedule 14D-1.

             (f)     Not applicable.

Item 6.      Interest in Securities of the Subject Company.

             (a) and (b) The  information  set  forth  in  "Certain  Information
Concerning the  Purchasers" of the Offer to Purchase is  incorporated  herein by
reference.

Item 7.      Contracts, Arrangements, Understandings or Relationships with 
             Respect to the Subject Company's Securities.

             The  information set forth in "Certain  Information  Concerning the
Purchasers" of the Offer to Purchase is incorporated herein by reference.

Item 8.      Persons Retained, Employed or To Be Compensated.

             None.

Item 9.      Financial Statements of Certain Bidders.

             Not applicable.

Item 10.     Additional Information.

             (a)     None.

             (b)-(c) The information set forth in "Certain Legal Matters" of the
Offer to Purchase is incorporated herein by reference.

             (d)     None.

             (e)     None.

             (f)  Reference  is  hereby  made to the Offer to  Purchase  and the
related Letter of  Transmittal,  copies of which are attached hereto as Exhibits
(a)(1) and  (a)(2),  respectively,  and which are  incorporated  herein in their
entirety by reference.
   
Item 11.     Material to be Filed as Exhibits.

             (a)(7)  Press release dated September 30, 1998

             (b)-(f) Not applicable.
    
                                        3

<PAGE>



                                   SIGNATURES

   
             After due inquiry  and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

Dated:       September 30, 1998
    
MACKENZIE PATTERSON SPECIAL FUND, L.P.

By MacKenzie Patterson, Inc., General Partner

             By:     /s/ C. E. Patterson
                     C.E. Patterson,  President

MP INCOME FUND 12, LLC.

By MacKenzie Patterson, Manager

             By:     /s/ C, E, Patterson
                     C.E. Patterson,  President

MACKENZIE SPECIFIED INCOME FUND, L.P.

By MacKenzie Patterson, Inc., General Partner

             By:     /s/ C. E. Patterson
                     C.E. Patterson,  President


PREVIOUSLY OWNED PARTNERSHIPS INCOME FUND II, L.P.

By MacKenzie Patterson, Inc., General Partner

             By:     /s/ C. E. Patterson
                     C.E. Patterson,  President


MP INCOME FUND 14, LLC

By MacKenzie Patterson, Inc., Manager

             By:     /s/ C. E. Patterson
                     C.E. Patterson,  President


MACKENZIE FUND VI, L.P.

By MacKenzie Patterson, Inc., General Partner

             By:     /s/ C. E. Patterson
                     C.E. Patterson,  President


CAL-KAN, INC.

By:          /s/ C. E. Patterson
             C.E. Patterson,  President

                                        4

<PAGE>



MORAGA GOLD, LLC

By  Moraga Partners, Inc., Member

             By: /s/ C. E. Patterson
                 C. E. Patterson, President

By The David B. Gold Trust, Member

             By: /s/ Steven Gold
                 Steven Gold


/s/ Steven Gold
Steven Gold





                                        5

<PAGE>




                                  EXHIBIT INDEX


Exhibit              Description                                        Page

(a)(7)       Press Release dated September 30, 1998





   

                                                          PRESS RELEASE
                                                          FOR IMMEDIATE RELEASE



MacKenzie Patterson, Inc.
1640 School Street, Suite 100
Moraga, California 94556
Telephone: 510-631-9100

September 30, 1998

         Offer for Units of Limited  Partnership  Interest of Oxford Residential
Properties I Limited Partnership extended through October 30, 1998.

         MacKenzie  Patterson  Special Fund,  L.P.;  MacKenzie  Specified Income
Fund, L.P.;  MacKenzie Fund VI, L.P.;  Previously Owned Partnerships Income Fund
II, L.P.; MP Income Fund 12, LLC; MP Income Fund 14, LLC; Cal-Kan,  Inc.; Moraga
Gold, LLC; and Steven Gold (the "Bidders") have extended the expiration date for
their tender offer to purchase up to 2,430 Assignee Units of limited partnership
interest of Oxford Residential  Properties I Limited Partnership through October
30, 1998.

         As of September  30, 1998 a total of 153 Units had been tendered to the
bidders by security holders and not withdrawn.

         For  further  information,  contact  Christine  Simpson  at  the  above
telephone number.


    


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